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Scb X Pcl
SCB X PCL, officially known as Siam Commercial Bank X Public Company Limited, is a prominent financial institution headquartered in Thailand. Established in 1907, SCB X has evolved into a leading player in the banking and financial services industry, with a strong presence across Southeast Asia. The company offers a diverse range of services, including retail banking, corporate banking, and wealth management, distinguished by its innovative digital solutions. SCB X is recognised for its commitment to customer-centric services and technological advancements, positioning itself as a pioneer in the region. With a robust market position, SCB X has achieved significant milestones, including numerous awards for excellence in banking services. Its focus on sustainability and digital transformation continues to drive its growth and enhance its reputation in the competitive financial landscape.
DitchCarbon Score
How does Scb X Pcl's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Scb X Pcl's score of 47 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Scb X Pcl's reported carbon emissions
In 2023, SCB X Public Company Limited reported total carbon emissions of approximately 65,698,000 kg CO2e, comprising 11,518,000 kg CO2e from Scope 1 and 53,866,000 kg CO2e from Scope 2. This marks a significant increase from 2022, where emissions were about 70,000,000 kg CO2e, with Scope 1 at 7,514,000 kg CO2e and Scope 2 at 62,643,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. SCB X has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2023 as the base year. This target is part of their long-term strategy to achieve net-zero emissions across all scopes by 2050. The company’s portfolio targets cover 20% of its total investment and lending by total assets as of 2021, with required activities making up 25% of this total. These targets align with the Science Based Targets initiative (SBTi) and are designed to meet the reductions necessary to limit global warming to 1.5°C. SCB X is committed to measuring and reducing its Scope 3 emissions, although specific targets for these emissions have not yet been established. Overall, SCB X's climate strategy reflects a proactive approach to sustainability within the financial sector, particularly in Thailand, where it is headquartered.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 103,560 | 000,000 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Scb X Pcl is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
